I would like to apologize in advance for the messy chart!
As you can see the dump down to the 8.5k level has just reset the overbough RSI. This allows us to continue with the uptrend!
Dont let this scare you!
Hold tight my friends, this will be a hell of a year!
Let me know ur thoughts.
There is no doubt for me. I hope the future will prove me wrong. If you see anything wrong with the please tell me. The 50MA has not been broken since appx. at the 19th of October 2015. If we hold this support we are officially in a bull market and you could expect the price to rally dramatically. The 0.618 Fibbonaci was broken, Yes. I agree that the Fib was...
It looks like we held at 7470, which confirms the structure of an ascending triangle (for me). Previously ascending triangles have had bullish breaks to the upside. If we can continue the with higher highs and not break the structure of the triangle, I see yet another bullish break for bitcoin towards the end of the month. 28-31 May.
What do you think? Have you...
Dump it! Nothing more to say, potential buy at sub 37$. Looks like i will scoop up more coins at 25$ though ;) Do you plan to pick up this forked piece of "s**t"?
We have been forming bull flag after bull flag and this appears to be no differnt! Stong consolidation and the formation of yet, another bull flag to shoot us up into and above the 5k mark for bitcoin! Bright days are ahead of us. What do you think? Did you close your longs already?
First off, sorry for the messy chart! I think that there will not be a double bottom at 3150$ or even close to sub 3700$ levels, another dip would give too many investors the oportunity to buy altcoins at predicted levels and Cheap bitcoin. What do you guys think? WIll it be mostly up from here? Looking forward to what you have to say
5 min ago we broke the macro trendline of the 15 moth bear market! The white line is broken and we have bullish confirmation! So lucky to see it today :)
I suggest you sell your bags at 4k, forget the time you had in crypto and move to stocks, QE to infinity (what can go wrong). The bearish patterns are overwhelming. The voices in your head keep telling, its time for panic selling. Weak hands? Lets see how your shorts play out! #ascendingwedge here we go
It looks like we are ending a 30 year bear cycle with a decending trinanlge inside a falling channel with imminent brekaout potential! Looking to get on this ship and steer it to treasue island!
It looks like we are goingto form a cup and handle pattern soon looking for retracement to the higher 6000's then its bull time! What do you think where are we heading ?
